The Conservative Cave
Current Events => Politics => Topic started by: Ptarmigan on March 04, 2014, 09:00:19 PM
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Venezuela: the ‘malandro’ nation
http://www.ft.com/intl/cms/s/0/2d231284-a395-11e3-88b0-00144feab7de.html#axzz2v3OgvoPO
Hugo Chávez died a year ago and today Venezuela is suffering his unfortunate legacy. Although the country sits on the world’s largest oil reserves, the economy is a train wreck in slow motion. Inflation is running at an annual rate of 56 per cent and there are chronic shortages of basic goods. The country is politically riven, as seen in the violent protests of the past three weeks. If it was not for Ukraine, Venezuela’s chaos would be on the homepages of news websites everywhere. Instead it risks slipping under the radar, a potentially dangerous oversight.
This sounds like what America could become. Socialism leads to failure like Venezuela.